Comprehensive Analysis of Indian Renewable Energy Development Agency Limited Stock

Indian Renewable Energy Development Agency Limited (IREDA) is a non-banking financial company operating in the renewable energy and energy efficiency sectors in India. It provides financial products and services, promotes, develops, and extends financial assistance for setting up projects related to new and renewable sources of energy and energy efficiency/conservation. The company also generates solar, wind, hydro, and waste to energy power.

Key Financial Statistics:

• Current Price: 160.05 INR
• Market Cap: 430,175,977,472 INR
• 52 Week Low: 50.0 INR
• 52 Week High: 214.8 INR
• Volume: 22,587,661
• Forward PE: 30.78

Company Officers:

• Mr. Pradip Kumar Das - Chairman & MD
• Dr. Ramesh Chandra Sharma - GM of Finance & Accounts
• Ms. Ekta Madan - Senior Manager of Corporate Affairs
• Dr. Bijay Kumar Mohanty - CFO, Director of Finance & Technical

Key Ratios and Margins:

• Profit Margins: 67.37%
• Debt to Equity: 609.572
• Gross Margins: 99.66%
• Operating Margins: 93.43%

Analyst Recommendations:

• Target High Price: 80.0 INR
• Target Low Price: 80.0 INR
• Recommendation: Underperform
• Number of Analyst Opinions: 1

Conclusion: IREDA stock shows strong financials and a focus on renewable energy, making it an interesting prospect for investors looking to align their portfolio with sustainable initiatives.